UK.Gov passes Instagram Act: All your pics belong to everyone now
So according to this new law, as far as I can understand it, any content that you create will no longer be your own AND anyone can just simply claim it and sell it as if it's theirs.
"So while the Twitterati and intelligentsia were ranting away about "Big Content", we've just lost the ability to sell our own content. In other words, you've just been royally fucked"
Yeah, royally fucked indeed!